2021 Beech Ave 4Nashville, TN 37204
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$3,102SHORT TERM RENTAL OPPORTUNITY | 12 SOUTH | One of the more compelling value-add STR opportunities currently available in Nashville. This established 3BR/4BA short-term rental is already producing approximately $70,000 annually in gross revenue, equating to roughly a 10.3% gross yield at list price — and that is with significant room left to improve. The property has already proven demand with 280 Airbnb reviews, a 4.76-star rating, and years of operating history, yet the current furniture, decor and overall presentation are dated compared to many of Nashville’s top-performing STRs. It is also currently configured to sleep only 8 guests. With a thoughtful $30K-$50K design and furniture refresh, upgraded photography and an optimized sleeping arrangement for potentially 10 guests, there is a strong opportunity to increase ADR and push annual gross revenue toward the $90K-$100K range. The location is a major part of the story. Positioned in the highly desirable 12 South / Melrose corridor with an 80 Walk Score, guests are a quick rideshare from everything that makes this one of Nashville’s most popular areas — Sushi-san, Urban Grub, bartaco, Five Daughters Bakery, Edley’s BBQ, The Henry, Frothy Monkey, Sevier Park and the shops, restaurants and nightlife along 12th Ave South — while also maintaining easy access to Belmont, Vanderbilt, The Gulch, Downtown and Broadway. With 3 bedrooms, 4 full baths, 1,540 SF, an attached garage, proven existing revenue and a purchase price under $700K, this is not an STR that needs a turnaround to make sense. The current numbers already work. The upside is in the repositioning. For an investor looking for immediate income, a premier Nashville location and a clear path to materially improve performance, this is an opportunity that is increasingly difficult to find at this price point.
| 5 days ago | Status changed to Active | |
| 5 days ago | Listing updated with changes from the MLS® | |
| a week ago | Listing first seen on site |
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